WASHINGTON, Oct. 15, 2012 /PRNewswire-USNewswire/ -- The American
Academy of Actuaries board of directors has elected Tom Terry to the
position of president-elect. Terry, president of TTerry Consulting,
Chicago, will succeed Cecil Bykerk as president for the 2013-2014
term.

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Terry currently serves as Chairperson of the Academy's Public
Interest Committee. He is a former Vice President of the Academy's
Pension Practice Council and still serves as a member of the council and
the council's Forward Thinking Task Force. On international
matters, Terry is Co-Vice Chairperson of the Pension and Employee
Benefits Committee of the International Actuarial Association.

The Academy also announced that its board of directors elected five
members to fill officer positions. The terms for all officers will begin
on Oct. 15 at the close of the Academy's Annual Meeting.

Stephen Rosen , a senior consultant with Stephen H. Rosen &
Associates in Haddonfield, N.J., was re-elected to a third, one-year
term as secretary. Rosen will continue to oversee committees responsible
for the association's membership and communications.

Art Panighetti , an actuary at Northwestern Mutual in Milwaukee, was
elected to a one-year term as treasurer. He will oversee committees
responsible for the association's budgetary and fiscal matters.

The American Academy of Actuaries board of directors also elected
three members to serve two-year terms as vice presidents.

Mike Angelina , executive director of Academy Risk Management and
Insurance at St. Joseph's University in Philadelphia, is the new
vice president of the American Academy of Actuaries Casualty Practice
Council. The council oversees and directs the Academy's work on
property and casualty insurance issues, including medical professional
liability, workers' compensation and terrorism risk insurance.

David Shea , an actuary in Richmond, Va., and who works for the
Virginia Bureau of Insurance, is the new vice president of the American
Academy of Actuaries Health Practice Council, which oversees the
council's work providing objective technical expertise to federal
and state policymakers and regulators on health care issues.

Karen Terry , assistant vice president and actuary at State Farm
Mutual Auto Insurance Co. in Bloomington, Ill., is the new vice
president for the American Academy of Actuaries Council on
Professionalism The council coordinates the Academy's activities in
the field of professionalism, including maintaining the Code of
Professional Conduct and Qualification Standards and representing the
U.S. profession to policymakers.

For more information or for digital portraits, please contact Heidi
Guerra at the American Academy of Actuaries, at 202.785.6923 or
guerra@actuary.org. For more information on the American Academy of
Actuaries, please visit: www.actuary.org.

The American Academy of Actuaries is a 17,000-member professional
association whose mission is to serve the public on behalf of the U.S.
actuarial profession. The Academy assists public policymakers on all
levels by providing leadership, objective expertise, and actuarial
advice on risk and financial security issues. The Academy also sets
qualification, practice, and professionalism standards for actuaries in
the United States.

SOURCE American Academy of Actuaries

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